IIM Indore welcomes IPM Batch 2024-29, Commerce beats Science

IIM Indore welcomes IPM Batch 2024-29, Commerce beats Science

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Anum Ansari
Assistant Manager – Content
New Delhi, Updated on Aug 12, 2024 11:10 IST

The largest academic discipline within the cohort is commerce, with 75 students, while the most significant state representation comes from Uttar Pradesh (23 students), followed by Maharashtra (21 students), Delhi (18 students), and Madhya Pradesh (16 students). Gender distribution is well-balanced, with 59 females and 97 males, enriching the cohort with a wide range of perspectives and experiences.

Indian Institute of Management Indore (IIM Indore) recently inaugurated its Five-Year Integrated Programme in Management (IPM) Batch 2024-29 with a welcoming induction ceremony. The event was inaugurated by Professor Himanshu Rai, Director of IIM Indore, who warmly greeted the new cohort of students.

Diverse and Strong New Batch

The IPM 2024-29 batch consists of 156 students, showcasing a diverse profile with notable international representation, including 4 students from the USA and 1 from the UK. The largest academic discipline within the cohort is commerce, with 75 students, while the most significant state representation comes from Uttar Pradesh (23 students), followed by Maharashtra (21 students), Delhi (18 students), and Madhya Pradesh (16 students). Gender distribution is well-balanced, with 59 females and 97 males, enriching the cohort with a wide range of perspectives and experiences.

Gender

Count

Female

59

Male

97

Grand Total

156

HSC Discipline

Count

Arts

1

Commerce

75

Humanities

4

Others

3

Physics Chemistry Biology (PCB)

4

Physics Chemistry Mathematics (PCM)

68

Science

1

Grand Total

156

Professor Rai shared valuable insights and personal experiences with the students, emphasizing the importance of embracing education as a continual process of discovering and addressing one’s own ignorance. He advised the students to manage their time effectively by prioritizing tasks based on urgency and importance, and to integrate meaningful activities into their daily routines. Reflecting on his own experiences, including a challenging trek in the Himalayas guided by mountaineer Bachendri Pal, Professor Rai encouraged students to draw strength from past achievements and maintain motivation during difficult times. He also underscored the significance of empathy and compassion towards oneself and others.

Program Chair’s Address and Program Insights

Professor Saurabh Kumar, Chair of IPM, welcomed the new batch and spoke about the institute's legacy and the opportunities that await them. He highlighted the program’s appeal, noting that this year, IPM attracted 28,596 applications, from which 857 candidates were selected for interviews. Ultimately, 156 students were chosen, including 59 females and 97 males. The cohort is diverse, with backgrounds in commerce, biology, mathematics, art, and humanities, setting the stage for a transformative five-year journey.

Dean’s Perspective on IPM’s Transformative Journey

Q:   Is IPMAT IIM Indore better than IIM Rohtak's IPMAT?

A:

IPMAT and IPM Aptitude Test (IIM Rohtak) have similar syllabus but the difficulty level is different. Both exams have Quantitative Aptitude and Verbal Ability sections. However, IIM Rohtak's IPMAT exam has an additional section- Logical Reasoning. While IPM Aptitude Test is an easy exam, IIM Indore's IPMAT is moderately tough but to say which is better totally depends upon the college a candidate is targeting for the five-year integrated programme. The participating colleges for both exams are different. If a candidate's dream college accepts IPMAT score, then they should appear for IPMAT exam. The IPMAT exam conducted by IIM Indore is accepted by other institutes such as IIFT, IIM Ranchi, Nirma University,  Alliance University,  NICMAR University,  Department of Management Studies and NALSAR University of Law. The benefit of IPMAT by IIM Indore is that the exam is accepted by multiple top management insitutes in country, whereas the one conducted by IIM Rohtak is only accepted by IIM Rohtak. 

Q:   How are the IIM Indore placements compared with other similar IIMs?

A:

The list below showcases the IIM Indore placements 2023 statistics as compared other IIMs:

IIM Name

Highest Package

Average Package 

IIM Indore (PGP and IPM)

INR 114 LPA

INR 30.21 LPA

IIM Bangalore (PGP+PGPBA)

NA

INR 35.31 LPA

IIM Calcutta

INR 1.15 crore per annum

INR 35.07 LPA

IIM Lucknow (PGP SM)

INR 66 LPA

INR 30.44 LPA

Q:   Is MDI Gurgaon better than IIM?

A:

MDI Gurgaon placement has been rated 4.6 based on 78 Shiksha verified reviews and for IIM Indore the placement rating is 4.2 based on 203 Shiksha verified reviews. As per NIRF 2023, Management Development Institute Gurgaon has been ranked 13 among the top MBA colleges in India and IIM Indore has been ranked 8 under the Management category.

Q:   Which is better for EMBA: IIM Indore or IIM Bangalore?

A:

Below is the comparison of IIM Indore and IIM Bangalore on certain parameters:

E-PGP Colleges

E-PGP Total Tuition Fee

E-PGP Average Salary

IIM Indore

INR 7.50 Lacs - INR 17.60 lakh INR 27.80 LPA

IIM Bangalore

INR 23 lakh INR 33.07 LPA

Note: The fee is sourced from an unofficial source. Hence, is indicative.

Q:   Which one is better: IIM Lucknow or IIM Indore?

A:

Both IIM Lucknow and IIM Indore are one of top-ranked Management colleges present in India. IIM Indore is ranked eighth by NIRF 2024 under the Management category whereas, IIM Lucknow is ranked 7 by NIRF 2024 under the Management category. Both colleges have great infrastructure and faculty. The placement opportunities provided by both colleges are also very great. Ultimately, the decision lies on the student according to what the candidate is actually looking for in a particular college or university.

Professor Prashant Salwan, Dean of Programmes, emphasized the transformative nature of the IPM program, designed to equip students with the skills to address contemporary challenges through innovative solutions. He encouraged the incoming students to leverage the immersive environment of the program to expand their understanding, enhance their leadership abilities, and foster personal and professional growth. He advised them to embrace both the challenges and opportunities that lie ahead as they will play a crucial role in shaping their future success.

Awards and Scholarships

The event also featured an awards ceremony recognizing exceptional academic performance. The Certificate of Academic Excellence was presented to students who excelled during their first three years in the IPM program. Additionally, the Late Adya Prabha Scholarship was awarded to Nandini Sethi from the IPM 2020-25 batch for achieving the highest CGPA in her fourth year. This scholarship honors the memory of Late Adya Prabha, an IPM 2015 student of IIM Indore.

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Anum Ansari
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"Writing is not about accurate grammar, it's about the honest thoughts you put in it". Having a versatile writing style, Anum loves to express her views and opinion on different topics such as education, entertainme... Read Full Bio

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